News

Thursday 8th September 2022
Q3 PI update: professional indemnity for insurance brokers

Insurance brokers are skilled at placing professional indemnity insurance (PII) for their customers, but what do they need to consider when arranging cover for themselves?   Keeping on top of the latest legislation and regulation is common practice for insurance brokers, so how can using a broker to purchase PII help? The FCA’s Business Interruption (BI) […]

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Tuesday 30th August 2022
Private ambulance: Supporting the community

Pressure is mounting on all 11 ambulance services in England, and many are redirecting most of their services to handling 999 calls and reducing their private medical cover contracts. This change is driving increased demand for private ambulances, which already deal with many non-emergency services across the UK.   Ambulance services data shows that in June […]

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Tuesday 16th August 2022
UK company directors face increased individual accountability

The UK Directors & Officers (D&O) insurance market has seen a lot of change over the last few years. A rise in class actions against companies, more stringent regulation and greater levels of individual senior executive responsibility have created a more volatile market and resulted in price increases. Almost £500m of fines were given to […]

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Monday 8th August 2022
Surety Bonds: Stability through economic turmoil

Just as the construction market thought that 2022 would mark a return to normality, the Office for National Statistics (ONS) Statistics warned that consumer price inflation hit 9 per cent in the year to April. The Bank of England also warned that the cost of living is expected to rise further this year. Sterling Advisory’s […]

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Thursday 4th August 2022
Construction grows for the seventh month in a row

The construction industry achieved record growth of 1.5 per cent during May due to a surge in new commercial work. Data published by the Office for National Statistics (ONS) shows that growth in the construction industry increased from £100.8m in April to £102.3m in May. Despite a prolonged spell of challenging economic conditions, the industry […]

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